Money changes hands so much in our power structure that some of you taxes probably did end up in London

it depends what you consider "in London" or my taxes

True true

To be fair it's a weird saying and probably outdated now since we no longer have a feudal system

like do you mean money as in the capital I paid, if you could track each penny I paid and where the psyical unit goes, or if money for things that I should be paying for were diverted to go into london improperly

because if you mean like, the psyical unit that I paid, probably

Ye that's what I was meaning

yeah, well, in that case, the psyical embodyment of capital that I paid going somewhere else doesn't really matter to me

as long as the money on the spreadsheet that I paid is correctly used

then I'm ok with that

like if some how TFL got their hands on my council tax money I'd be annoyed

Well it the penny is no longer yours really or ever was yours to begin with

(being in Bucks, and not in Greater London)

well, again, that depends what you consider taxes to be

if it's me paying into a system for my use of the system, then you'd be asserting that everyone who says "our money" in reference to gov spending is being a fucking idiot

then I could almost get behind that, but it is common money

No no I'm talking about the physical again, like that coin was owned by the company which was probably owned by someone else till you make it back to the press that made it

oh yes

we're just using them as fancy credits

but the value that they represent is owned by me until I trade them

Labour credits

thus, mine

and you do no trading with taxes

so still mine

Well that coin itself is worthless anyways as it's only a representation of gold in London

it is not representation of gold anymore

it's fiat

Fiat?

it's value is in that which we give it

money is now cars :)

https://www.investopedia.com/terms/f/fiatmoney.asp

Oooo

it's value is that which we say it has

It has no physical backing

So basically the only thing that would be a valuable currency is if I traded goods I'd made/collected for something that I needed?

if I say it's a currency, it's a currency

currency != money != valuable

all of these things are indy from each other

It's literally just magical numbers, magic money.

Which is why bottle caps are used in fallout

No value, no meaning, no backing.